Ukraine said it struck two major fuel-producing facilities and an oil pumping station in Russia, adding more pressure on the nation’s refinery runs that hit multi-year lows in April.
Ukraine has agreed to work with the European Union to restart the flow of Russian oil to Hungary and Slovakia via the Druzhba pipeline, EU senior officials said Tuesday
Ukrainian drones hit another Russian refinery owned by Lukoil PJSC, as Kyiv’s attacks on its foe’s energy infrastructure resume after a lull last month.
Ukraine is ready to halt strikes on energy infrastructure if Russia agrees to abide by a US proposal for a weeklong truce, President Volodymyr Zelenskiy said.
Naftogaz Group has secured a fresh UAH 5 billion ($118.82 million) loan from local bank JSC CB PrivatBank to procure more natural gas for Ukraine.
The proposed acquisition of the license in Ukraine remains subject, among other things, to completion of legal and financial due diligence, regulatory approvals, and the execution of a definitive share sale and purchase agreement by Pennpetro with the shareholders of the newly-incorporated Polish company.
Ukraine has discussed with G7 countries additional natural gas imports as it seeks to boost imports by 30% to offset the damage from Russian strikes on its gas infrastructure, Ukrainian Energy Minister Svitlana Grynchuk said on Tuesday.
Ukraine attacked the Saratov crude-oil refinery in Russia’s Volga region overnight as Western nations seek to push President Vladimir Putin to the negotiating table.
“Betting markets aren’t overly convinced that we’ll see a ceasefire before the end of the year,” ING commodity analysts said in a note following the meeting. Indeed, the surrender of the Donbass, most of which is already under Russian control, remains a no-no for Zelensky, it appears, while it also remains a hard condition for Russia. This mars the prospect of peace quite considerably unless both sides are willing to make concessions.
Mol wants the EU and other affected nations to take part in “revitalizing” the Odesa pipeline, which the company says would also provide an alternative to Russian oil for Serbia. Hungary and Serbia are currently building a pipeline connection.